Trump's Washington hotel saw almost $20 million in revenue


The Trump International Hotel in Washington, D.C. - which has been at the center of debates around the Constitution's Emoluments Clause - has taken in $19.7 million since it opened during Trump's campaign.

According to Fortune, President Donald Trump's Washington hotel saw nearly $20 million in revenue during its first few months of operation-a period that coincided with his election and inauguration as the 45th president. Revenues also rose at Mar-a-Lago, the Florida resort known as the "Winter White House".

He reported liabilities of at least US$110 million to commercial real estate lender Ladder Capital Corp. The 2017 report showed that the management company earned more than $18 million in income, compared to roughly $6.5 million from one year ago. The private club doubled its initiation fee to $200,000 after Trump's election.

According to the filings, the Trump International Hotel - the downtown D.C. property Trump leases from the federal government that's located just blocks from the White House - has also generated almost $20 million in profits for the president this year. His assets probably exceeded $1.4 billion because the disclosure form provided ranges of values.

Russian opposition leader Navalny jailed
Navalny was arrested , along with hundreds of others, and jailed for 15 days after being convicted of disobeying a police officer. For that reason, he said he was unilaterally switching the venue to Tverskaya Street, Moscow's main avenue near the Kremlin.

Most of the entities involved were based in the United States, with a handful in Scotland, Ireland, Canada, Brazil, Bermuda and elsewhere. It also doesn't address what he paid in taxes according to The Atlantic, as he still refuses to make his tax returns public.

The 98-page filing with the Office of Government Ethics, released on Friday afternoon, provides an incomplete snapshot of Trump's financial picture.

An Office of Government Ethics spokesman declined to comment on the contents of the report, other than to say that it was certified by the office, which is an ethics watchdog for federal government employees. That is just Trump's personal income, separate from the profits and losses of the Trump Organization, though he does still hold a financial interest in the company.